IMMO FLIPKENS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IMMO FLIPKENS
Largest movements
- Tangible fixed assets -€11,955
down €11,955 (-5.3%), from €227,240 to €215,285
- Profit (loss) carried forward +€9,644
up €9,644 (+26.8%), from -€36,032 to -€26,388
- Debts after one year -€9,354
down €9,354 (-6.1%), from €153,451 to €144,097
- Other debts -€7,820
down €7,820 (-33.7%), from €23,230 to €15,410
- Provisions -€3,419
down €3,419 (-91.7%), from €3,727 to €308
- Depreciation -€4,236
down €4,236 (-26.2%), from €16,191 to €11,955
- Gross operating margin -€3,773
down €3,773 (-13.2%), from €28,674 to €24,901
- Taxes -€852
down €852, from €426 to -€426
- Financial charges +€835
up €835 (+28.9%), from €2,885 to €3,720
- Other operating charges +€763
up €763 (+20.0%), from €3,809 to €4,572
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,905 | €219,280 | -€11,625 | -5.0% |
| Fixed assets | 21/28 | €227,240 | €215,285 | -€11,955 | -5.3% |
| Tangible fixed assets | 22/27 | €227,240 | €215,285 | -€11,955 | -5.3% |
| Land and buildings | 22 | €227,240 | €215,285 | -€11,955 | -5.3% |
| Current assets | 29/58 | €3,665 | €3,995 | +€330 | +9.0% |
| Amounts receivable within one year | 40/41 | €2,950 | €2,950 | = | 0.0% |
| Trade receivables | 40 | €150 | €150 | = | 0.0% |
| Other amounts receivable | 41 | €2,800 | €2,800 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €715 | €1,045 | +€330 | +46.2% |
| Total equity and liabilities | 10/49 | €230,905 | €219,280 | -€11,625 | -5.0% |
| Equity | 10/15 | €32,720 | €41,219 | +€8,499 | +26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,152 | €49,007 | -€1,145 | -2.3% |
| Tax-exempt reserves | 132 | €1,248 | €103 | -€1,145 | -91.7% |
| Distributable reserves | 133 | €48,904 | €48,904 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,032 | -€26,388 | +€9,644 | +26.8% |
| Provisions and deferred taxes | 16 | €3,727 | €308 | -€3,419 | -91.7% |
| Deferred taxes | 168 | €3,727 | €308 | -€3,419 | -91.7% |
| Amounts payable | 17/49 | €194,458 | €177,753 | -€16,705 | -8.6% |
| Amounts payable after more than one year | 17 | €153,451 | €144,097 | -€9,354 | -6.1% |
| Financial debts | 170/4 | €153,451 | €144,097 | -€9,354 | -6.1% |
| Amounts payable within one year | 42/48 | €37,157 | €27,866 | -€9,291 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €12,538 | €10,778 | -€1,760 | -14.0% |
| Trade debts | 44 | €1,389 | €1,678 | +€289 | +20.8% |
| Suppliers | 440/4 | €1,389 | €1,678 | +€289 | +20.8% |
| Other amounts payable | 47/48 | €23,230 | €15,410 | -€7,820 | -33.7% |
| Accrued charges and deferred income | 492/3 | €3,850 | €5,790 | +€1,940 | +50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,191 | €11,955 | -€4,236 | -26.2% |
| Other operating charges | 640/8 | €3,809 | €4,572 | +€763 | +20.0% |
| Gross operating margin | 9900 | €28,674 | €24,901 | -€3,773 | -13.2% |
| Operating profit (loss) | 9901 | €8,674 | €8,374 | -€300 | -3.5% |
| Financial charges | 65/66B | €2,885 | €3,720 | +€835 | +28.9% |
| Recurring financial charges | 65 | €2,885 | €3,720 | +€835 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €5,789 | €4,654 | -€1,135 | -19.6% |
| Transfer from deferred taxes | 780 | €1,141 | €3,419 | +€2,278 | +199.6% |
| Income taxes | 67/77 | €426 | -€426 | -€852 | |
| Profit (loss) for the period | 9904 | €6,504 | €8,499 | +€1,995 | +30.7% |
| Transfer from tax-exempt reserves | 789 | €3,423 | €1,145 | -€2,278 | -66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,927 | €9,644 | -€283 | -2.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.